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Japan ExcellentFRA:81L 64 5-Year Yield-on-Cost % is 4.43 as of Aug. 03, 2026, which is 8% above its 10-year median of 4.09. GuruFocus rates FRA:81L with a GF Score™ of 64/100 and a GF Value™ of €662.41. The stock has 9 warning signs investors should review. Among 860 REITs companies, Japan Excellent ranks worse than 83.14% on this metric.
Japan Excellent's yield on cost for the quarter that ended in Dec. 2025 was 4.43.
The historical rank and industry rank for Japan Excellent's 5-Year Yield-on-Cost % or its related term are showing as below:
FRA:81L'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.36 Med: 4.09 Max: 6.25
Current: 4.43
During the past 13 years, Japan Excellent's highest Yield on Cost was 6.25. The lowest was 2.36. And the median was 4.09.
FRA:81L's 5-Year Yield-on-Cost % is ranked worse than 83.14% of 860
companies
in the REITs industry
Industry Median: 7.36
vs FRA:81L: 4.43
Japan Excellent (FRA:81L) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Japan Excellent 5-Year Yield-on-Cost % Related Terms
FRA:81L vs BXP, ARE, VNO: 5-Year Yield-on-Cost % Comparison
For the REIT - Office subindustry, Japan Excellent's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Japan Excellent 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, Japan Excellent's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Japan Excellent's 5-Year Yield-on-Cost % falls into.
Japan Excellent 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Japan Excellent is calculated as
Japan Excellent (FRA:81L) has a 5-Year Yield-on-Cost % of 4.43 as of Aug. 03, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Japan Excellent and its competitors. This is near median its historical median of 4.09. Over the past decade, Japan Excellent's 5-Year Yield-on-Cost % has ranged from 2.36 to 6.25. According to the industry distribution chart, Japan Excellent ranks #715 out of 860 companies in the REITs industry, placing it in the top 83.1%.
Is Japan Excellent's 5-Year Yield-on-Cost % too high?
Japan Excellent's current 5-Year Yield-on-Cost % of 4.43 is near median its 10-year median of 4.09. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 6.25. The REITs industry median 5-Year Yield-on-Cost % is 7.36. Japan Excellent's value of 4.43 is 39.8% below this industry median. Based on the distribution chart, Japan Excellent ranks #715 out of 860 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Japan Excellent has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Japan Excellent's 5-Year Yield-on-Cost % compare to BXP and ARE?
According to the REITs industry distribution chart, Japan Excellent ranks #715 out of 860 companies for 5-Year Yield-on-Cost %. This places Japan Excellent in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 7.36. Japan Excellent's value of 4.43 is 39.8% below this benchmark. Historically, Japan Excellent's own 5-Year Yield-on-Cost % has ranged from 2.36 to 6.25 over the past decade. While the company's 10-year median is 4.09 vs. the industry median of 7.36, Japan Excellent has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.36, based on 860 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Excellent's current 5-Year Yield-on-Cost % of 4.43 is 39.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Japan Excellent and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Excellent's current 5-Year Yield-on-Cost % is 4.43, which is near median its own 10-year median of 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Excellent stock overvalued right now?
Japan Excellent (FRA:81L) has a current 5-Year Yield-on-Cost % of 4.43. The stock's GF Value™ is €662.41, compared to a current price of €755.00 — trading 14% above its estimated fair value. The current 5-Year Yield-on-Cost % is 4.43, which is near median its 10-year median of 4.09 and 39.8% below the REITs industry median of 7.36. Japan Excellent's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Japan Excellent (FRA:81L), the current 5-Year Yield-on-Cost % is 4.43 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Japan Excellent (FRA:81L) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Excellent stock appears to be overvalued.
The current stock price of €755.00 is trading 14% above its estimated GF Value™ of €662.41.
Key valuation signals for FRA:81L:
5-Year Yield-on-Cost %: 4.43 (near median its 10-year median of 4.09)
GF Value™: €662.41 vs. price of €755.00 (14% above fair value)
Industry Position: 39.8% below the REITs median (#715 of 860)
No single metric tells the full story. See the FRA:81L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Excellent Inc is a real estate investment trust. It mainly invests in office buildings located in major metropolitan areas and pursues to create a portfolio that produces stable growth of income by acquiring properties. The company's portfolio of assets is managed by Japan Excellent Asset Management Co., Ltd.
64GF Score
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